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Would my ex be entitled to any portion of assets (property or business) which I have acquired since we seperated (13 years ago). We have lived seperate lives since we seperated and co-parent and share financial responsibility for our child together. My financial position now is much better than at the time we lived together.
Replies (1)
Hi Dan,
Thank you for getting in touch with amicable.
It depends on your marital status. If you and your ex-partner were or are married or had a civil partnership, you're still financially tied together unless you have a financial order (also known as a consent order) as part of your divorce/dissolution, ending your financial relationship. Most couples get a consent order during the divorce process, but it is possible to get one after divorce. Without a financial order in place, you both run the risk of future claims, which can happen several years later.
If you and your ex-partner never married/ entered a civil partnership, you won't be financially tied together, and your rights will be different. Learn more here.
If you would like our support in preparing a consent order and managing the court process, we offer various services.
Here is a helpful blog explaining financial disclosure and an episode of The Divorce Podcast that explores assets division.
For more personalised advice you can book a free 15-minute advice call to get more information on the options available.
Best wishes, Tatiana